Insurance Technology Industry News

[December 31, 2012]

CIGNA Up 22.9% Since SmarTrend Uptrend Call (CI)

Dec 31, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified an Uptrend for CIGNA (NYSE:CI) on August 7th, 2012 at $42.91. In approximately 5 months, CIGNA has returned 22.86% as of today's recent price of $52.72.

In the past 52 weeks, CIGNA share prices have been bracketed by a low of $39.01 and a high of $54.53 and are now at $52.83, 35% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.6%.

CIGNA Corporation, through its subsidiaries, provides group life and health insurance, managed care products and services, retirement products and services, and individual financial services worldwide. The Company also sells individual life and health insurance and annuity products in selected international locations.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of CIGNA shares.Log in and add CIGNA (CI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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